Mexican Trade Surplus Narrows, but Export Recovery Gathers Pace



Dave Graham | Nasdaq

MEXICO CITY, Oct 27 – Mexico’s trade surplus with the rest of the world shrank in September as imports picked up faster than exports during a burgeoning recovery from the coronavirus pandemic, figures fromthe national statistics agency (INEGI) showed on Tuesday.

Adjusted for seasonal swings, Mexico posted a trade surplus for the fourth month in a row, narrowing to $5.125 billion from over $6.4 billion in August, the data showed.

Compared with the previous month, total exports increased by 0.9% in adjusted terms, whereas imports, which have lagged in the recovery, were up by 5.3%, the data showed.

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